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Europe Daily Bulletin No. 8005

13 July 2001
Contents Publication in full By article 24 / 36
GENERAL NEWS / (eu) eu/competition
Green Light from Commission to takeover of Eurodiol and Pantochim by BASF

Brussels, 12/07/2001 (Agence Europe) - Following an in-depth investigation, the European Commission decided on Wednesday, as previously indicated, to authorise the takeover of Eurodiol and Pantochim, two Belgian chemical companies, by the German company BASF. The operation will allow BASF to gain high market shares for certain basic chemical products, but the Commission feels that it will be less damaging for the market than the closure of the Belgian companies, which are is a position of...

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